Reading Time: < 1 minute CNS Canada — A steady stream of fusarium-damaged wheat is flooding Alberta feedlots these days, giving ranchers a variety of choices on what they can give to their animals — but also keeping feed barley prices in check. “That has definitely been heavy on the barley,” said Allan Pirness of Marketplace Commodities in Lethbridge. That […] Read more
Plentiful feed supplies weigh on feed barley prices
Rising durum bids topping out in Western Canada
Reading Time: 2 minutes CNS Canada — Durum bids in Western Canada posted solid gains over the past two months, with concerns over the quality of the crop behind much of the strength. Prices are showing signs of topping out, though — and the highs may be in for now. Spot durum bids in southern Saskatchewan, where the bulk […] Read more
Malt barley market weaker with increased supplies
Reading Time: < 1 minute CNS Canada — Despite reports of quality issues this year, malt barley prices are soft, as increased quantity put a damper on the market. Spot malt barley prices are about $4.75-$4.85 per bushel in Western Canada, Prairie Ag Hotwire data said, which compares with last year’s harvest prices of about $5.25-$5.75. “We do have a […] Read more
Ergot tolerances set for chickpeas, fababeans
Reading Time: 2 minutes Chickpeas and fababean crops graded in Canada will have a new maximum tolerance for ergot next year, even though the cereal disease doesn’t occur in either crop. The Canadian Grain Commission on Wednesday announced an ergot tolerance of 0.05 per cent for all grades of fababeans and chickpeas in Western Canada effective Aug. 1, 2017, […] Read more
Food production in Syria reported at all-time low
Reading Time: 2 minutes Geneva | Reuters — Food production has dropped to an all-time low in Syria where millions of hungry civilians are struggling through their sixth winter in a war zone, United Nations agencies said Tuesday. Many farmers have had to abandon their land, unable to afford the soaring cost of seeds, fertilizers and tractor fuel, the […] Read more
Weaker loonie underpins Prairie wheat bids
Reading Time: 2 minutes CNS Canada — Cash spring wheat and durum bids in Western Canada moved higher during the week ended Monday, as weakness in the Canadian dollar helped underpin basis levels. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $1-$5 per tonne compared to the previous week. Average prices ranged from […] Read more
CP says its grain movement to Vancouver is its best-ever last month
Reading Time: < 1 minute Canadian Pacific Rail says its western grain movements in October were its best ever despite dealing with a weather-delayed harvest. A record 15,865 carloads were moved to West Coast ports in October, besting the previous record of 15,449 carloads in March 2016. Total Western Canadian grain movements in the month climbed 3.9 per cent over […] Read more
Rising oats bids possibly nearing top
Reading Time: < 1 minute Commodity News Service Canada – Oats futures at the Chicago Board of Trade and cash bids in Western Canada have shown some strength over the past month, but may not have much more room to the upside. “There was a bit of a panic in late October that pushed cash prices higher,” said Scott Shiels, […] Read more
EU wheat rises ahead of U.S. elections, USDA report
Reading Time: < 1 minute Paris/Reuters – European wheat prices rose in the wake of Chicago on Tuesday in a broader rise across international markets which increasingly anticipated the victory of Democratic nominee Hillary Clinton in the U.S. Presidential elections. Traders also pointed to short covering and technical buying ahead of the election results and the release a much awaited […] Read more
Winter cereal acres unclear due to wet conditions
Reading Time: < 1 minute Commodity News Service Canada/Winnipeg – Variable conditions across Manitoba and Saskatchewan have made it difficult to estimate winter cereal acreage, the head of an industry group says. But crops that are in the ground have seen mostly favourable weather. Jake Davidson, executive director of Winter Cereals Canada Inc., said he’s waiting for data from Statistics […] Read more